It was at a sales training that I (Katie) learned what it means to have a viable business. I remember vividly hearing this guy’s description of the 4 things every entrepreneur needs in place in order to actually make a profit in their business.
I mulled them over in my head for quite some time.
I had to ask myself: “Were these in place in my own business?”
And humbly, I realized I still needed help with at least one of them.
It’s okay to need help.
Business coaches need business coaches.
Sales experts need additional sales training.
When we say “I don’t need any more training, I’m already an expert,” you’re preventing growth. There’s always more to learn and more to share.
So I want you to review this list below and ask yourself: WHERE DO YOU STILL NEED HELP?
4 things every entrepreneur needs in place to have a viable business:
1. An irresistible product or service you can sell, and you need someone to sell it to. It doesn’t matter what you’re selling — if you have no audience, no customers, then you don’t have a viable business.
2. This product or service needs to be profitable. You need to map out your money goals. If you want to make $1M, but you’re only selling a $99 membership, you won’t have a viable business.
3. Generate engagement through education about your offer. If your audience is unaware or only slightly bothered by the problem you solve, you won’t sell anything. You need to consistently educate your audience about the need for the transformation you offer.
4. A proven method that enrolls them. If you can’t enroll people into your product or service, your business won’t survive. This is all about sales, my friend.
You may be wondering which of those I still needed help with at that time…
Check out this week’s episode to find out!